Wheaton Precious Metals (WPM) reports Q1 earnings: What key metrics have to say

Wheaton Precious Metals Corp.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Wheaton Precious Metals performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Units Sold - Silver: 4,483 Oz compared to the 4,355.46 Oz average estimate based on 12 analysts.
• Units Produced - Gold - Sudbury: 4.89 Oz versus 6.52 Oz estimated by 12 analysts on average.
• Units Produced - Gold - Salobo: 71.38 Oz versus 62.04 Oz estimated by 12 analysts on average.
• Units Produced - Gold - Constancia: 4.88 Oz versus the 12-analyst average estimate of 8.71 Oz.
• Sales- Silver: $144.94 million versus $136.26 million estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a +50% change.
• Sales- Palladium: $2.37 million compared to the $2.58 million average estimate based on 11 analysts. The reported number represents a change of -49.3% year over year.
• Sales- Cobalt: $3.41 million versus $4.59 million estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a -28.8% change.
• Sales- Gold: $319.70 million compared to the $274.21 million average estimate based on 11 analysts. The reported number represents a change of +67.7% year over year.
• Sales- Gold- San Dimas: $25.75 million compared to the $20.84 million average estimate based on 10 analysts. The reported number represents a change of +56.6% year over year.
• Sales- Silver- Antamina: $28.31 million versus $32.73 million estimated by 10 analysts on average. Compared to the year-ago quarter, this number represents a +56.5% change.
• Sales- Silver- Pe?asquito: $63.27 million versus the 10-analyst average estimate of $50.06 million. The reported number represents a year-over-year change of +45%.
• Sales- Gold- Stillwater: $5.59 million versus the nine-analyst average estimate of $5.04 million. The reported number represents a year-over-year change of +14.6%.

Shares of Wheaton Precious Metals have returned +13.8% over the past month versus the Zacks S&P 500 composite's +11.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. reported $470.41 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 58.5%. EPS of $0.55 for the same period compares to $0.36 a year ago.

The reported revenue represents a surprise of +13.36% over the Zacks Consensus Estimate of $414.98 million. With the consensus EPS estimate being $0.50, the EPS surprise was +10.00%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Want the latest recommendations from Zacks Investment Research? Download 7 Best Stocks for the Next 30 Days. Click to get this free report